£477,427
This estimated value is based upon the latest sale price for the house of £379,950 on 24 May 2018. This value is then adjusted by the current Official House Price Index for SURREY 1
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £379,950 | 24 May 2018 |
| £114,500 | 4 Feb 2000 |
| £92,000 | 30 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in May 2018 the House Price Index for SURREY was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £379,950 results in an estimated price of approximately £477,427.
| 24 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £379,950 | £97,477 | £477,427 |
The Postcode Pricing Model uses changes in average sales price within the RH6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -5.639 % | £-21,426 | £358,523 |
| 3 Month Average | -13.135 % | £-49,905 | £330,044 |
| 6 Month Average | 0.232 % | £881 | £380,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £329,995 | £322,500 | 115 TANYARD WAY |
| 3 Apr 2023 | £424,439 | £416,500 | 94 TANYARD WAY |
| 10 Mar 2023 | £424,591 | £417,500 | 64 TANYARD WAY |
| 3 Feb 2023 | £337,253 | £335,000 | 16 LARKSFIELD |
| 29 Nov 2022 | £423,022 | £425,000 | 35 TANYARD WAY |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 29 Sep 2017. Using an estimated price of £477,427 means this house is valued at £4,340 per sq meter (£403 per sq foot).
The average size of a house on TANYARD WAY is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Greatlake Court |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greatlake Court |
| May 2024 | Drugs | Unable to prosecute suspect | On or near Greatlake Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Homefield Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Larksfield |